Sound Point Current Valuation vs. Working Capital
| SPCMUDelisted Stock | USD 10.66 0.00 0.00% |
For Sound Point profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sound Point to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sound Point Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sound Point's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sound Point Acquisition over time as well as its relative position and ranking within its peers.
Sound |
Sound Point Acquisition Working Capital vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sound Point's current stock value. Our valuation model uses many indicators to compare Sound Point value to that of its competitors to determine the firm's financial worth. Sound Point Acquisition is currently regarded number one company in current valuation category among its peers. It also is currently regarded as top stock in working capital category among its peers . The ratio of Current Valuation to Working Capital for Sound Point Acquisition is about 329.25 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Sound Point by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Sound Current Valuation vs. Competition
Sound Point Acquisition is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Shell Companies industry is at this time estimated at about 701.69 Million. Sound Point totals roughly 344.33 Million in current valuation claiming about 49% of equities listed under Shell Companies industry.
Sound Working Capital vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Sound Point |
| = | 344.33 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Sound Point |
| = | 1.05 M |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Sound Working Capital Comparison
Sound Point is currently under evaluation in working capital category among its peers.
Sound Point Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sound Point, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sound Point will eventually generate negative long term returns. The profitability progress is the general direction of Sound Point's change in net profit over the period of time. It can combine multiple indicators of Sound Point, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Sound Point Acquisition Corp I, Ltd does not have significant operations. The company was incorporated in 2021 and is based in New York, New York. Sound Point is traded on NASDAQ Exchange in the United States.
Sound Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sound Point. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Sound Point position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Sound Point's important profitability drivers and their relationship over time.
Use Sound Point in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sound Point position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sound Point will appreciate offsetting losses from the drop in the long position's value.Sound Point Pair Trading
Sound Point Acquisition Pair Trading Analysis
The ability to find closely correlated positions to Sound Point could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sound Point when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sound Point - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sound Point Acquisition to buy it.
The correlation of Sound Point is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sound Point moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sound Point Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sound Point can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Sound Point position
In addition to having Sound Point in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Semiconductor Thematic Idea Now
Semiconductor
Companies involved in production of semiconductor and semiconductor materials. The Semiconductor theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Semiconductor Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Consideration for investing in Sound Stock
If you are still planning to invest in Sound Point Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sound Point's history and understand the potential risks before investing.
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